Bitcoin Brief for Today (April 19) 📉

Current Price: approx. $75,500 (¥517k)
24h Change: -2%~-2.5%
Range: $75,300 ~ $77,900
Trading Volume: approx. $70 billion

1. Today’s Trend: Rally then Retreat; Short-Term Pullback

- Yesterday rallied to $78,300 (February high) and then faced pressure
- Today saw a modest pullback, consolidating in the $75,000~$76,000 range
- Market sentiment is somewhat cautious, with short-term profit-taking pressure

2. Key Factors Affecting Today

- Institutional Side (Positive): Spot ETFs are still seeing net inflows, with about $660 million in buy support per day
- News Side (Negative): - The crypto cross-chain bridge was stolen for $292 million, dealing a blow to market confidence
- U.S.-Iran geopolitical risk keeps flaring up, putting overall risk assets under pressure
- Technical Side: - Short-term: $76,000 is a battleground, and $75,000 is key support
- Weekly: The midline line is acting as resistance, and $80,000 has not yet been effectively broken through

3. Today’s View (Slightly Neutral)

- Short-term (1~3 days) - Most likely consolidation and consolidation: $74,500 ~ $78,000
- Holding above $74,500 is relatively strong; if it breaks below, it points to further downside toward $73,000
- Medium-term (1~2 weeks) - Institutional funds are still there, and the trend hasn’t turned bad
- Only an effective breakout above $78,300 could pave the way to $80,000
- If there are continuous pullbacks, $70,000~$72,000 is a strong support zone